4 ms·

Yeah the Equifax breach was the nail in the coffin for them... Data breaches rarely hurt companies it seems.

Nextgrid 7y ago
Equifax's story is different, people don't have a choice whether to use them (if people did they'd already be out of business) and they have a near-monopoly, not to mention they are profitable so they are here to stay. Doordash? They're just a shitty startup trying to "disrupt" the market by forgetting laws and morals and are only surviving thanks to VC money. People are not obliged to use them, and since they're essentially providing a commodity people can easily choose to use a competitor, only accelerating Doordash's inevitable demise. People aren't always reasonable, and such incidents can sway them towards other competitors (even though I doubt the competitors are any better in terms of security).
- hollerith 7y ago
  What product or service do you believe that Equifax is near being a monopoly provider for?
  - Nextgrid 7y ago
    Credit reference agency? Okay there are 3 of those, but given that pretty much every single financial institution both queries and reports to all 3 they all have a monopoly and neither is going away.
- bdcravens 7y ago
  > Doordash's inevitable demise Perhaps it's different elsewhere, but out of the services I use here in Houston, Doordash is consistently the best experience. Obviously if one of those competitors can best them in categories that matter (cost, speed, and accuracy) I'll switch.
  - Nextgrid 7y ago
    > Obviously if one of those competitors can best them in categories that matter (cost, speed, and accuracy) I'll switch. It's just a matter of time anyway, the VC money will dry up, they will either go down the drain right away or raise prices, which if nothing else will open the doors for another VC-fuelled competitor to overtake the market by subsidising deliveries for the next few years.
    - bdcravens 7y ago
      True of most startups that aren't turning a profit. However, it doesn't seem that Doordash is struggling that much, and is outpacing it's competitors in growth rate https://www.restaurantbusinessonline.com/financing/delivery-race-doordash-uber-eats-are-charging-hard https://www.restaurantbusinessonline.com/financing/delivery-...
  - magashna 7y ago
    Anecdotally they've been the worst. Since you're adding a delivery middle man to the process instead of having a restaurant deliver straight to you, the food is usually later and colder. I think the only reason to use them is if you're craving something that is farther away or doesn't deliver, like fast food. But then you're paying a premium for colder/crappier food.

Equifax's story is different, people don't have a choice whether to use them (if people did they'd already be out of business) and they have a near-monopoly, not to mention they are profitable so they are here to stay. Doordash? They're just a shitty startup trying to "disrupt" the market by forgetting laws and morals and are only surviving thanks to VC money. People are not obliged to use them, and since they're essentially providing a commodity people can easily choose to use a competitor, only accelerating Doordash's inevitable demise. People aren't always reasonable, and such incidents can sway them towards other competitors (even though I doubt the competitors are any better in terms of security).

hollerith 7y ago
What product or service do you believe that Equifax is near being a monopoly provider for?
- Nextgrid 7y ago
  Credit reference agency? Okay there are 3 of those, but given that pretty much every single financial institution both queries and reports to all 3 they all have a monopoly and neither is going away.
bdcravens 7y ago
> Doordash's inevitable demise Perhaps it's different elsewhere, but out of the services I use here in Houston, Doordash is consistently the best experience. Obviously if one of those competitors can best them in categories that matter (cost, speed, and accuracy) I'll switch.
- Nextgrid 7y ago
  > Obviously if one of those competitors can best them in categories that matter (cost, speed, and accuracy) I'll switch. It's just a matter of time anyway, the VC money will dry up, they will either go down the drain right away or raise prices, which if nothing else will open the doors for another VC-fuelled competitor to overtake the market by subsidising deliveries for the next few years.
  - bdcravens 7y ago
    True of most startups that aren't turning a profit. However, it doesn't seem that Doordash is struggling that much, and is outpacing it's competitors in growth rate https://www.restaurantbusinessonline.com/financing/delivery-race-doordash-uber-eats-are-charging-hard https://www.restaurantbusinessonline.com/financing/delivery-...
- magashna 7y ago
  Anecdotally they've been the worst. Since you're adding a delivery middle man to the process instead of having a restaurant deliver straight to you, the food is usually later and colder. I think the only reason to use them is if you're craving something that is farther away or doesn't deliver, like fast food. But then you're paying a premium for colder/crappier food.